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    Rice Lake, WI
    Conventional Restaurant

    Rice Lake, WI Conventional Restaurants for Sale

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    Cameron, WI Barron, WI Birchwood, WI Cumberland, WI Sarona, WI Chetek, WI Almena, WI Barronett, WI
    Two-Building Restaurant & Showroom Space
    Updated: Apr 30
    Two-Building Restaurant & Showroom Space

    2248 20 1/4 Street, Rice Lake, WI 54868

    $349,000
    2,768 sqft 0.64 AC lot
    About 0.64 acres along highly traveled Hwy 48 at a busy intersection with strong visibility
    Building A: approximately 2,700 SF previously operated as a restaurant with a large walk‑in cooler
    Building B: approximately 2,300 SF newer open flexible space for events, showroom, or storage
    Ample on‑site parking and updated mechanicals
    Forced‑air heating and central air
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    This listing looks promising.

    Here's a quick look at some key insights for

    2248 20 1/4 Street, Rice Lake, WI 54868

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $24K
      Annual

    • Price @ 7% Cap

      $347K
      Suggested

    • Last Sold

      Oct 2021
      $166K
    View Property Analytics
    Established Restaurant in Rice Lake
    Updated: Jan 20
    Established Restaurant in Rice Lake

    36 W Marshall Street, Rice Lake, WI 54868

    $289,900
    4,776 sqft 0.21 AC lot
    Established business with a history as a local favorite.
    Prime corner location in the downtown area.
    Spacious interior with over 4700 square feet.
    Large kitchen with ample prep and storage space.
    Furnished interior.
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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    407 S MAIN Street, Rice Lake, WI 54868

    $174,900
    2,400 sqft 0.11 AC lot

    Existing kitchen, walk-in cooler, basement storage, and public utilities support restaurant operations.

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    Remodeled Stand-Alone Restaurant
    Remodeled Stand-Alone Restaurant

    2023 Cenex Dr, Rice Lake, WI 54868

    $1,100,000
    5,616 sqft

    Newly remodeled stand-alone restaurant with move-in-ready interior and exposure at a major highway intersection.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Rice Lake, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Use Commercial Building
    Multi-Use Commercial Building

    W3747 County Highway B, Sarona, WI 54870

    $199,900
    2,230 sqft 2.21 AC lot

    This multi-use building features a covered porch and recent roof and truss updates from 2025.

    View details
    Flex Building with Covered Porch
    Flex Building with Covered Porch

    W3747 County Hwy B, Sarona, WI 54870

    $199,900
    2,230 sqft

    2,230 SF flex building with new roof and trusses and an 18x24 covered porch for year-round use.

    View details
    Turnkey Bar & Restaurant
    Turnkey Bar & Restaurant

    2976 US Hwy 63, Barronett, WI 54813

    $229,000
    5,216 sqft

    Updated bar and restaurant with fully equipped commercial kitchen, dining space, and outdoor seating.

    View details
    Barronett Bar & Restaurant Opportunity
    Barronett Bar & Restaurant Opportunity

    2976 US Highway 63, Barronett, WI 54813

    $249,000
    5,216 sqft 0.12 AC lot

    Turn-key bar and restaurant on highly traveled Highway 63.

    View details

    Rice Lake, WI Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Rice Lake, WI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,560 square feet of properties for sale, with an estimated market value of $1,913,800.

    Sale prices for conventional restaurants in Rice Lake, WI start at $174,900, averaging $478,450, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Bars & Pubs 1
    Drive through restaurants 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) +4.4%
    Median Household Income $64,567
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

    Identify Rice Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54868 $579.6K

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Barron County

    New Delisted

    Total CRE Inventory on Market (SF)

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